THE BUZZ >>PEOPLE
AFFORDABLE HOUSING FINANCE • April 2008
Aurora Housing Announces Executive Director
Craig A. Maraschky has been
named the new executive director of the
Aurora Housing Authority in Aurora,
Colo.
He has 15 years of experience in
affordable housing. He recently served as
the founding executive director of the
Douglas County Housing Partnership in
Colorado.
Preston Prince, who used to head
the Aurora agency, left to become executive
director of the Housing Authorities
of the City and County of Fresno, Calif.
Cook Resigns from
Kentucky Housing Corp.
Ben A. Cook has resigned as CEO of
Kentucky Housing Corp., the state housing
finance agency. Cook had served in
the top post since 2004, following his
retirement from the Department of
Housing and Urban Development.
Kentucky Housing announced that
Richard L. McQuady is serving as interim
CEO. He has been with the agency for
23 years.
California Development
Firm Announces Promotion
Eve Stewart has been promoted to
director of housing development at
Affordable Housing Associates, an
affordable housing developer based in
Berkeley, Calif.
Stewart, who has guided some of the
group's most complex developments during
the last several years, will supervise
the development staff.
Quadel Announces
Leadership Team
Quadel Consulting Corp. has named
Kathleen M. Rotondaro CEO and
chairman, and Edward Symes III vice
chairman.
Dorli Bokel is the new president,
and John Nolan is executive vice president
and chief financial officer.
Quadel is a Washington, D.C.-based
firm providing management, consulting,
and training services to the affordable
housing industry. The firm was established
by Rotondaro, who previously
served as president, and Symes, who was
executive vice president, in 1978.
Raymond James Hires VP
Robert C. Landis has joined
Raymond James Tax Credit Funds, Inc.,
as vice president and director of asset
management.
He will be responsible
for managing
a multi-billion dollar
portfolio of more than
1,100 low-income housing
tax credit partnerships
in 43 states. The
company is a leading
syndicator of tax credits
and a subsidiary of Raymond James
Financial.
Landis was president of Lane
Management, LLC, in Atlanta. He also
served as senior vice president with both
Alliance Residential Management and
United Dominion Realty Trust in Texas.
New Appointments at Key
KeyBank Real Estate Capital has
appointed David Shillington to senior
vice president and director of agency
lending. He will lead the group that originates
Fannie Mae, Freddie Mac, and
Federal Housing Administration loans.
Shillington is joining Key's
Agency Lending Group after several
years with the bank's Institutional
Capital Group.
In another move, Paul Ettorre has
been appointed vice president and regional
manager of Key's Community
Development Lending for the Great Lakes
North Region. Ettorre and his team will
focus on projects that stimulate new construction
and the rehabilitation of housing
as well as economic growth in economically
disadvantaged communities.
Nixon Peabody Names Partner
Gregory Doran has been elected
a partner at Nixon
Peabody, LLP.
Doran concentrates
his practice on
tax credit syndication
and community development.
He represents
syndicators, project
sponsors, community
development entities, and investors in
structuring and negotiating deals
involving housing tax credits and New
Markets Tax Credits. He is based in
Washington, D.C.
New VP Joins Crosland
Tracey L. Whitson has become vice
president of operations for the residential
division of Crosland, LLC.
Crosland's management portfolio
includes 1,000 affordable housing units
and 4,000 market-rate residences.
Headquartered in Charlotte, N.C., the
firm has about 1,500 new units under
construction in North Carolina, Florida,
and Tennessee.
Whitson has worked in the multifamily
industry since 1991, recently serving
as vice president of operations for
Archstone-Smith.
SAHF Hires Policy Associate
Anne Marie Brady has been hired
to fill the new post of policy associate at
Stewards of Affordable Housing for the
Future, a nonprofit organization that
advocates for the provision and preservation
of affordable housing.
Brady, who has conducted research
for London-based social research think
tank The Young Foundation, will help
expand the organization's ability to perform
analysis and policy work
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